Banks China’s central bank adopts 14-day reverse repos Nada Ali Feb 4, 2024 0 The People’s Bank of China (PBOC) announced 14-day reverse repurchase agreements (repos) on Sunday worth 135…
Featured China’s public offering fund value reaches $3.88 tln Nada Ali Jan 28, 2024 0 China's public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said the state…
Featured Yuan bounces as China mulls market bailout Nada Ali Jan 23, 2024 0 The Chinese yuan and Australian dollar rebounded slightly on Tuesday following Beijing plans to put about two…
News China’s major banks move to support yuan Nada Ali Jan 22, 2024 0 China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
Banks China’s PBOC keeps LPR unchanged at 3.45% Nada Ali Jan 22, 2024 0 The People's Bank of China (PBOC) left the one-year loan prime rate (LPR) unchanged at 3.45 per cent in line with…
Featured Yuan falls against dollar after PBOC holds rate Nada Ali Jan 15, 2024 0 China’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank of China (PBOC) left…
Banks Egypt’s net foreign reserves rise to $35.173 bln in November – CBE Nada Ali Dec 7, 2023 0 Egypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 billion…
Featured Putin: over 80% of trade between Russia, China carried out in Rubles, Yuan Nada Ali Jul 4, 2023 0 Russian President Vladimir Putin said on Tuesday that 80 percent of China's trade transactions are in yuan and…
Banks AfDB grants Egypt $345 mln partial credit guarantees to boost green initiatives Nada Ali May 21, 2023 0 The African Development Bank Group’s (AfDB) board has approved on Saturday Egypt’s Partial Credit Guarantee of $345…
Banks Egypt’s gold reserves record $7.372bln in February – central bank mohamed Hamdy Mar 6, 2023 0 Egypt’s gold reserves, a major component of foreign cash reserves reached $7.372 billion at the end of February,…